The article discusses the trend of billionaire businessmen aligning with authoritarian leaders like Donald Trump, echoing a similar phenomenon in Russia. It suggests that by prioritizing their own financial interests, these tech magnates overlook the erosion of democratic governance which can lead to authoritarian rule. The gains from tax breaks and deregulation may initially benefit the wealthy, but the long-term repercussions may jeopardize their positions as authoritarian figures consolidate power, similar to how the Russian oligarchs empowered Vladimir Putin despite their initial profits.
When extreme wealth combines forces with extreme power, the former can profit enormously for a time. As in Russia, the benefits of the executive's policies are likely to flow upward.
The fusion of money and power is nothing new. This orientation toward supporting authoritarianism for personal gains disregards the potential consequences for democratic governance.
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